Merger with Freeborders adds new vertical expertise and critical new services for the Global Software Product R&D Powerhouse.

San Francisco and San Jose, CA – November 5, 2013 – Symbio and Freeborders, Inc. jointly announced today that they have formally executed a merger. The combined company will become one of the world’s largest software product development companies with 2,000 employees, over 100 clients and 15 delivery and R&D centers across the US, Europe and Asia Pacific. Symbio´s software R&D solutions and capabilities now extend to industries undergoing massive change such as financial services, media, travel, and e‐commerce.

Symbio is leading the way through the change with its R&D-­as-­a-­Service (RDaaS) concept which empowers companies grow through technology innovation. The ever‐increasing pace of technology changes around mobile, social, software-­as‐a-­service (SaaS), analytics, and smart products and services have increased software complexity.The merger of Symbio and Freeborders enables our clients to master innovation and capitalize on change to become market leaders,” said Jacob Hsu, CEO of Symbio. “Technology is both a driver of industry disruption and an enabler of new innovation, and we empower our clients to succeed by co-‐creating new software-­driven products, services and businesses together. “

The joint service offering will provide clients with a complete portfolio of RDaaS solutions to ignite (strategic insight, design and productization), accelerate (agile software development, application development & maintenance, QA and globalization) and optimize their businesses (joint development centers, managed operations centers and customer experience centers).

About Symbio Symbio provides technology innovation and software R&D services to leading companies ranging from global multinationals such as IBM, Intel, and Microsoft, to cutting edge pioneers like Evernote, Square, and Xiaomi. We combine innovative expertise, an advanced global delivery network and specialized solutions to enable software product development of the highest quality, speed, cost-­‐efficiency and innovation. Symbio’s headquarters are in Silicon Valley with eight development centers in China, Finland, and Sweden. To learn more, visit www.symbio.com.

About Freeborders Founded in 1999, Freeborders provides global IT consulting, technology and outsourcing services. Freeborders’ solution accelerators help companies exploit the full potential of their IT investments. Headquartered in San Francisco, the company has offices in Denver, New York, London, Stockholm, Hong Kong, Kuala Lumpur, Guangzhou, Shenzhen, and Wu Xi. To learn more, visit http://www.freeborders.com.

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Symbio is a Global Digital Services company. We help our clients with Transformative Digital Services that connect, engage, and drive enterprises. Symbio has developed a comprehensive services and solutions portfolio to help create, enhance and differentiate our enterprise clients’ businesses. Our engagement model allows us to be responsive to ever-changing markets and technologies, creating long-term partnerships. We are consistently looking for new ways to incrementally improve our clients’ businesses.

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